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to pay taxes, we should not be using taxes to reward people who fail. we should be using them to reward people that want to work. everybody in this country should succeed, not just people in government. host: president obama gave an address yesterday talking about how congress should act to keep taxes low. let's take a listen. >> 97% of small-business owners will not see their taxes go up next year. this is something everybody says they agree on. it should have gotten done months ago. republicans in congress are standing in the way. there are holding tax cuts for 98% of americans hostage until they pass tax cuts for of the richest 2%. congress needs to step up and provide every responsible homeowner a chance to save $3,000 a year on mortgage at refinancing at lower rates. i give them a plan to do that in february. it is a plan that has the support of independent nonpartisan economists. republicans will not let it come to a vote. ask them how that helps homeowners. congress needs to step up and pass my plan to create a job corps to help our returning heroes find jobs as cops, firefighter
jobs and the economy. >> brown: plus, we have our own debate on the differing approaches to taxes and deficit reduction. >> woodruff: then, we turn to the war in syria, as skirmishes spill over the border with turkey for a second day in a row. >> brown: we come back to last night's debate with two takes on how it was received. ray suarez talked to voters in the swing state of florida. >> i didn't hear what i need to about jobs. that is the number one interest of generally everyone in the united states. >> woodruff: and in our regular "daily download" segment, margaret warner explores how the face off played in social media. >> brown: and it hasn't happened in baseball in 45 years. we look at 'triple crown' winner miguel cabrera of the detroit tigers. that's all ahead on tonight's "newshour." major funding for the pbs newshour has been provided by: and by the alfred p. sloan foundation. supporting science, technology, and improved economic performance and financial literacy in the 21st century. and with the ongoing support of these institutions and foundations. and... this program
team coverage tonight. jim angle has a fact check on last night's most heated issue, tax policy. ed henry has the obama campaign reaction. and we begin with carl cameron on the first debate. good evening, carl. >> hi, brett. the romney campaign could hardly be more excited about what happened last night. in fact, since the debate ended, they say they've been getting two donations per second as a measure of mitt romney's success the morning after is general election debate debut against the president, mitt romney made a surprise appearance to a thrilled and leaved audience of conservatives. >> last night i thought was a great opportunity for the american people to see two very different visions for the country. >> he reiterated a new attack. >> trickle down government that the president proposes is one where he will raise taxes on small business, which will kill jobs. i instead want to keep taxes down on small business so we can create jobs. >> romney awoke to rave reviews across the country and democrats admit he delivered. >> virtually everything you said about my tax plan is inacc
freedom. trickle down government that the president proposes is one where he will raise taxes on small business which will kill jobs. i, steady, want to keep taxes down to create jobs. >>reporter: sunday morning chris christie thought the campaign would be turned on his head and got flak but chris christie was right. >>trace: the romney campaign is portraying the race as a very stark choice between the two candidates. >>reporter: highlight the differences. they got help from moderator jim lehrer who said several times we are very clear that there are very stark differences between the two of you. governor romney tried to make this a referendum on obama but that was not going anywhere so the big choice highlighting on the different issues from taxes to spending and the deficit. >> only in washington would you count $4 trillion of reduction when, in fact, the plan called for adding $1 trillion of debtry one of the next fur years. i think that is wrong. we should instead take a course represented by free democrat to get america to cap our funding, cut our spending and get us on track to a
-- >> govern romney's proposal calls for a $5 trillion tax cut. >> andthe man after his ob >> i'm not looking for a $5 trillion tax cut. what i said is i won't put in place a tax cut that adds to the deficit. >> their first debate, contentio contentious. >> for 18 months he's been running on this tax plan. and now, five weeks before the election, he's saying that his big bold idea is never mind. >> virtually everything he said about my tax plan sin accurate. look, i have five boys. i'm use the to people saying something that is notays ultimately hoping i'll believe it. >> the question this morning, did either candidate do enough to make believers out of america's undecided voters? >>> it is the day after. good morning and welcome to "early start," everybody. >>> it's 5:00 a.m. in the east. first, round one. it is now in the books. mitt romney has something to celebrate. in a cnn poll, 67% said romney won the first presidential debate. 25% think president obama was the victor. >> there were no real knockout punches thrown last night, more like a series of glancing blows with romney the aggress
years ago. that a bigger government, spending more, taxing more, regulating more. if you will, trickle-down government, would work. a >> reporter: president obama sounded a familiar alarm, warning of romney's "been there, done that" economics. >> the approach that governor romney is talking about is the same sales pitch that was made in 2001 and 2003. and we ended up with the slowest job growth in 50 years. >> reporter: but whether it was health care, jobs, or medicare, it was romney who stood out for his aggressive style. >> i just don't know how the president could have come into office, facing 23 million people out of work, rising unemployment, an economic crisis at the kitchen table, and spend his energy and passion for two years fighting for obama care. >> reporter: the president made his points in a slower, more laid-back manner, often looking down, sometimes appearing disengaged. it's not that he didn't try to rip apart romney's economic plan. >> that kind of top-down economics, where folks at the top are doing well, so the average person making 3 million bucks is getting a $250
a chance to explain what would happen to your taxes they were in charge. >> the question is not where we have been but where we are going. >> it's going to take a different path, not one x have been on, not the one the president described as a top down cut taxes for the rich. that not what i'm going to do. >> it's not possible to come up with enough loopholes for individuals to avoid raising the deficit or burdening the middle class. >> there will be no tax cut that adds to the deficit. >> i will take ideas from anybody, democrat or republican as long as they are advancing the cause of making middle class families stronger and giving opportunities to middle class. >> i have got five boys. i'm used to people saying something that not always true but repeating it hoping i will believe it. i will not reduce the taxes paid by high income americans. >> we do better when the middle class is doing well. by giving them those tax cuts they have more money in their pocket so maybe they can buy a new car. >> under the president's tax policies middle americans have been buried. they have been crushe
we talked about, where he can get -- capsulize an argument. >> that's how they'll fund the tax cuts, not subsidize big bird. thanks, mitt. >>> we'll look down the road to see how polls were affected by last night's debate. keep talking about it. we have to get to "cnn newsroom" which begins with carol costello now. see you back here tomorrow. >> thanks, soledad. >>> which presidential candidate is joenjoying a big bounce on t campaign trail today? >>> miguel cabrera captures the triple crown. >>> one billion users and growing, now news that facebook wants you to pay to promote your posts. >>> a strong generic version of a popular anti-depressant off the market. what consumers need to know this morning. newsroom begins now. >>> good morning. thank you so much for joining us. i'm carol costello. it is the morning after the presidential debasement many americans are remembering not just what was said last night but over the weekend. remember the prediction that raised eyebrows just a few days ago? >> this whole race will be turned upside down come thursday morning. >> well, mitt romney
. governor romney says he would bring relief to the middle class. >> i don't have a $5 trillion tax cut. i don't have a tax cut that you're talking about. we should provide relief to the people in the mid class. high income people are doing just fine in this income, they'll do fine whether you're president or i am. the people having a hard time right now are middle income americans. under the president's policy middle income americans have been buried, they are being crushed. jon: mr. obama with this argument. >> the fact is that if you are loring the rates you describe, governor, then it is not possible to come up with enough deductions and loopholes that only affect high income individuals to avoid either raising the deficit or burden evening the middle class, it's math, it's arithmetic. jon: today it's back to the campaign trail. mr. obama in denver, and then to wisconsin. governor romney is in virginia where the most recent "real clear politics" average shows president obama leading with 47% of the vote, governor romney with 44. virginia has 13 electoral votes up for grabs. that's wher
romney has been running around the country for the last year promising $5 trillion in tax cuts to pay for the wealthy. the fellow on stage last night said he didn't know anything about that. >> around the same time governor romney was making a surprise appearance at the conservative political action conference, cpac in denver before heading to virginia for an event with congressman paul ryan later on this evening. zoo >> i know your passion for econo america and your desire to take our country back. for that to happen you guys have to cheer here and knock on doors and get people who voted for president obama to see the light sxwro and join our team. >> joining us now is steve boykin and anne cornbluth and steve deyes. the president out at that rally seemed more enthusiastic. he said that was not the real mitt romney who showed up at the debate last night. so the question to you, was it the real president obama who showed up last night? >> great question, because the president obama at that rally is not what i saw on the debate stage last night. one lingering question in my mind and i
trillion dollar tax cuts on top of two trillion in spending for our military. he is saying that he is going to pay for it by closing loop holes and deductions. the problem is, he's been asked over hundred times how you close the deductions and loop holes and he hasn't been able to identify them. >> romney firing back that everything president obama said was not accurate and the republican nom no took the president to task for the nation's struggling economy. and piggy backing on the vipe- vice-president comment. >> the people who are having a problem is the middle class americans. they are being crushed. middle income americans have seen their income come down. i call it the economy tax. it has been crushing. >> the cand dates will meet again on october caneth for debate number two. and up first, the only vice-president debate between the respect and paul ryan. >> that's the one we all want to see. thank you so much. >> the president and mitt romney not veering from their messages and taking every chance they could to hit one another on the policies. >> i know that you and your running mate
, only 2 voted against the plan by the time we were finished. we didn't raise taxes. you raised them by a trillion under obama care. we didn't cut medicare. of course, we don't have medicare but we didn't cut medicare by $716 billion. we didn't put in place a board that can tell people ultimately what treatments they're going to receive. we didn't also do something that i think a number of people across this country recognize, which is put people in a position where they're going to lose the insurance they had and they wanted. right now the cbo says up to 20 million people will lose their insurance as obama care goes into effect next year. and likewise a study of mckinsey and company of american businesses said 30% of them are at risk of being dropped. for those reasons, for the tax, for medicare, for this board and for people losing their insurance, this is why the american people don't want obama care. it's why republicans said do not do this, and the republicans had the plan. they put a plan out. they put a bipartisan plan. it was swept aside. i think something this big, this impo
so you can decide. >> steve: president obama raising taxes is the only way to dig america out of the ditch. >> it is not possible to come up with enough deductions and loopp holes that affect only high income individuals math. it is aryth metic. >> steve: really. governor romney said cu. >> brian: this might ease your fears. free flightts to leave the country if your guy goes down. "fox and friends", we are up and we are on right now. ♪ ♪ "fox and friends". >> congratulations to you mr. president on your anniversary. i am sure this is the most romantic place you can imagine, here we me. i like pbs and big bird and you, too. i will not spend money borrowing from china to pay for it. >> american people have to ask is the reason governor rum rhumb all of the plans because they are too good. >> look, i have five boys, i am used to people saying something that is not always true and keep on repeating it and hoping i will believe it. that is not the case. a friend of mine said you pick losers. . you are ened to your own plane and house. >> two minutes is up. >> i had five second
the differences between himself and zeroing in on taxes. >> for instance, he is going to raise taxes. vice president blurted out the truth. they plan on raising taxes trillion. they have already raised them a trillion. that is increases on taxes on small business, among other things. that will mean less jobs. >> reporter: on the campaign trail in ohio, president obama appeared to have a lot of fire that he seemed to be lacking on tuesday night. and accusing romney at shocking dishonesty and even though the deputy campaign acknowledged that tax cut would not be nearly 5 trillion dollars, it's something that the president repeated in cleveland. >> we put two wars a two tax cuts on a credit card. we didn't pay for them. now, mr. romney wants another 5 trillion dollars in tax cuts that he can't pay for. we're not going to let that happen. we are not going to fall backward, not with so much at stake. >> reporter: governor romney answering in the ad wars, as well. a new ad featuring melanie mack that mara that voted for president obama back in 2008. this time around she says she is going to vote
clear to people that all these falsehoods coming out of the obama campaign about our tax policy about our medicare reform and all that are just that. >> reporter: romney will be working in pre-debate campaigning as he arrives. every day counts. wolf? >> preside obama is spending the next couple of days in henderson, nevada, gearing up for wednesday's debate. our white house correspondent dan lothian is over at the white house. he getting new information. what's the latest on his xaeb preparation, dan? >> reporter: campaign official telling me that the president began those practices last might after arriving in defense nevada and continued these rehearsals this morning in nevada as well. taking only a break this afternoon. one of the things that they are really working on is trying to get the president to be more concise and in his answers. you know, sometime it is president can be long winded and the campaign has admitted this and it is not the most effective way to deliver your message. so they are trying to get the president to answer these questions with very few words. he has a s
out swinging as the candidates argued tax policy, budget deficit and health care and looks like the aggressive approach may have paid off for the republican challenger. cbs news poll shows romney made strides of uncommitted voters that he needs to win over in order to take over the white house. we go to denver first. >> reporter: terrell, good morning. seems like mitt romney may have received that boost he was hoping for after putting the president on the defensive for much of the night. romney lauded his own accomplishments as governor of massachusetts while continuing to highlight the failed promises of the obama administration. the first presidential debate started with a hand shake and a romantic moment. >> 20 years ago i became the luckiest man on earth because michelle obama agreed to married me. >> congratulations. i'm sure this was the most romantic place you could imagine here with me. >> reporter: that was the last touching moment of the night. >> everything he said about my tax plan is inaccurate. the tax plan he described is the tax plan i was asked to support i woul
florida. they don't have state taxes, so i believe revenue, you have to have revenue to sustain things that you have. i am not going to raise revenue. he said i'm not going to raise any revenue. how would you sustain your business? i don't understand why everybody else doesn't see this. you have to have revenue. if he is -- to say i'm not going to raise your taxes he is talking to the people. i don't mind paying my fair share but a lot of people are not paying their fair share. they don't realize exactly what he is saying. he doesn't care. he doesn't care about -- so he has to attack somebody. is going to be the same old thing. when republicans get in the same old thing. >> host: henry how long have you been registered to vote and not voted in a presidential election? >> caller: the last was when i was 21 but now i am really looking at it and i have a child now and it's more my responsibility to look at my child's future and when i listen to the debate, here president obama saying hey about education, i don't understand. i don't understand what everybody else is supposed to do because
. >> virtually everything he said about my tax plan is inaccurate. your title as a president, you own an airplane and a house, but not your own facts. >> the president did not seem to ben his game. can one night change the race? >>> "today" exclusive, matt's rare and revealing interview with facebook ceo mark zuckerberg, how does he deal with the spotlight? and does he take responsibility for his company's recent struggles? >> the question i ask myself and i hear over and over, if a company has a billion customers, how can they not be killing it making money? >> that answer as the social network reaches a major milestone today. >>> and remember the school bus monitor taunted by middle schoolers. what she's doing to turn her story into something positive today, thursday, october 4th, 2012. captions paid for by nbc-universal television >>> and good morning. welcome to "today" on this thursday morning. i'm savannah gurthrie. >> we both had a late night. >> a lot of coffee. >> exactly. this debate as we know was billed as make or break for mitt romney. and by all accounts he made it last night, the c
't pay federal income taxes. >> there are 47% of the people who vote for the president no matter what. >> reporter: with an obama campaign ad still repeating those, romney tried to put an end to the controversy once and for all on fox. >> clearly in a campaign with hundreds and thousands of speeches and question and answer sessions, now and then you're going to say something that doesn't come out right. in this case i've said something that's completely wrong. >> reporter: romney heads next to florida where his economic message will still resonate. that state's unemployment rate while it has gone down in recent months is still well above the national average. wolf. >> jim acosta joining us, thanks very much. let's dig deeper right now with our chief political analyst gloria borger. gloria, this unemployment number, the new number, how important is it to each of these two candidates? >> well, first of all it's got to be a real boost for president obama as jessica was talking about earlier. if not reality, then also a real psychological boost to get below that 8% figure. very important
in criticizing the president's policies and defending his own proposals. >> he has been running on this tax plan for 18 months. now, five weeks before the election, he is saying that his big, bold idea is never mind. >> reporter: romney pushed back. >> let me repeat what i said. i'm not in favor of a $5 trillion tax cut. that's not my plan. my plan is not to put in place any tax cut that will add to the deficit. >> reporter: the president argued he inherited a bad situation and said it was getting better. >> over the last 30 months we've seen five million jobs in the private sector created. auto industry has come roaring back. and housing has begun to rise. >> reporter: and hit romney for not providing specifics. >> at some point i think the american people have to ask themselves is the reason that governor romney is keeping all these plans to replace secret because they're too good? is it because that somehow middle class families are going to benefit too much from them? >> reporter: often pulled his punches and never mentioned lines of attack that have been effective in his ads, like romney's
a president attacked. >> he's been running on this tax plan for 18 months and now five weeks before the election he's saying that his big bold idea is never mind. >> reporter: romney pushed back. >> let me repeat what i said. i'm not in favor of a $5 trillion tax cut. i'm not is going to put in any tax cut that would increase the deficit. >> we've seen 5 million jobs in the private sector created. the auto industry has come roaring back. housing has begun to rise. >> reporter: he hit romney for not providing specifics. >> at some point i think the american people ask themselves is the reason that governor romney is keeping all these plans to replace secret because they are too good? is it because that somehow middle class families will benefit too much from them? >> reporter: he pulled his punches and never mentioned lines of attacks that have been effective in his ad like romney's tenure at bain capital or the 47% of americans who don't pay income tax. rob portman who played president obama in mock debates said the president was uncomfortable in being challenged. >> he was surprise
raising taxes on the middle class that's been buried the last four years. >> in the richest country in the history of the world this obama economy has crushed the middle class. >> reporter: romney's ad team quickly seized on the remarks churning out a web video. at an event in denver rubio piled on. >> those happen to be the words of the distinguished vice president of the united states mr. joe biden. no, don't boo. he's the best thing we got going, guys. don't boo. because in a moment of clarity, in a brief moment of clarity he just told us what we already knew. >> reporter: romney's aides say they expect the president to call on the gop nominee to offer specifics. >> we're going to limit deductions. >> reporter: but in an interview with the denver tv station, romney began to do just that. >> well, you could do something for instance as an option you could say everybody's going to get up to a $17,000 deduction. and you can use your charitable deduction or home mortgage deduction or others, health care deduction and you can fill that bucket. if you have a $17,000 bucket that way and
into hiding, trying to generate demand through tax cuts for 95% of the work force, gigantic checks to states to prevent massive layoffs, aid to victims of the great recession, basic infrastructure projects. then start to look and it has $27 billion worth to computerize our pen and paper health care system so a doctor doesn't kill you with his chicken scratch and writing. it authorizes new high-speed rail network, the biggest transportation initiative since the interstate highways, extended our dishing -- existing high-speed internet networks to underserved communities with imam -- modern twist of the electrification program. and research money, modernize the unemployment insurance would hadn't changed since the new vehicle. it launched a new approaches to preventing homelessness, overseeing government spending, and forecasters agree it stops the terrifying free-fall. gdp was crashing 8.9% in the fourth quarter of 2008. that is a depression. we would have lost the entire canadian economy without putting 2009. it is funny. job losses peaked in january of 2009 right before the stimulus has. tha
into a recession if the spending cuts and tax increases kick in all at once in january. that kind of uncertainty is freezing businesses from doing any hiring. >> alison kosik, thank you. "cnn newsroom" continues now with brooke baldwin. >> thank you so much. hi, everyone. i'm brooke baldwin. so exciting. seven hours and counting until the presidential debate tonight. mitt romney, he is gaining in two swing states. could this be romney's springboard? romney has whittled the president's lead, take a look. he's whittled the president's lead in the two percentage points in virginia. this is according to a poll released today by marist college, the wall street journal and also nbc news. two-point lead for obama, that's down five points last month. keep in mind we're talking virginia, that's 13 electoral votes there. and check it out, similar story for you in florida. 29 electoral votes there. now, a one-point, one-point lead for obama, down from four points in september. we should mention here that poll shows the president still with the seven-point lead in ohio. we can't forget about ohio. but speak
the president's policies and middle-income americans have been crushed. >> the president counterpunched on tax and spending, insisting romney would serve only the wealthiest americans. >> budgets reflect choices. we will have to make decisions. if we are asking for no revenue, then that means we have to get rid of a whole bunch of stuff and the magnitude of the tax cuts you are talking about, governor, would result in severe hardship for people, but more importantly, it would not help us grow. >> for much of the debate it was a talented who appeared more relaxed, more animated, even when cut short by the moderator. >> we are way over our first 15 minutes. >> the smile of a man enjoying himself. and then helped year, the president owes its signature a form which mitt romney wants to undo. >> i don't know how the president could have come into office facing 23 million people out of work, rising unemployment, an economic crisis at the kitchen table, and spend his energy and passion if fighting for obamacare for two years instead of fighting for jobs for the american people. it has killed jobs. >>
that the president often misrepresents his position on abortion, the auto bailout. basic tax policy, et cetera. mr. romney also plans to point out that the president has been saying, you know, well, some parts of the economy are doing okay and that the recovery is underway. here is mitt rom know camera one of those ads where he speaks directly to the people, no big music and pictures of others that sort of apple pie and motherhood stuff. this is mitt romney saying what he thinks. >> too many americans today are struggling, living paycheck to paycheck. more americans live in poverty than when president obama took office. >> and the follow-up to that the next line in the ad and the next line in the debates will be that the country simply cannot afford another four years. and this contrast that mr. romney is putting forth about what he refers to as the obama agenda's dependency society one which big government and debt continues to grow and people lose their liberty and opportunity as entrepreneurs and business people to make their own prosperity versus what is he promising less government, less debt
attacks and renewed his call for job-killing tax hikes. earlier today, the president's senior campaign advisor david axelrod said this about the debate. the president's never satisfied with his performance. he is always challenging himself. and he will review it if he wants to make changes in the next debate, he will do so. what he was satisfied with was that he went and told the american people the truth as i mentioned polls show most americans governor romney won the debate. you can see it's not even close in this cnn survey. but almost half the viewers also said the debate did not effect how they will vote in november. these overnight surveys are instant, emotional reaction that could change down the road. campaign carl cammeron is live at governor romney's rally in fisher'sville virginia. >> humble. campaign thinks he ran away. trace atkins warming up the crowd here. right in the heart of shenandoah valley. very red part of the state. began in denver in the wake of last night's debate. he called surprise at colorado action conference. the crowd absolutely ate it up. romney reiterat
obama election promised was much higher capital gains taxes. he said he wants to move the basic level up to 20%. his affordable care act already puts a 3.8% cap. so we'd be going from 15% to 23.8% for hire earners on capital gains. mitt romney says he wants to repeal obama care which takes out the 3.8% and he will keep the capital gains level at 15% for high earners and 0% all together. what that means is the pressure to sell before the end of the year. because this is all going to hit in january. there was a lot of pressure to say, look, realize your gains this year so you don't get taxed at the higher rate. >> exactly. so i think romney's performance last night made people say, hey, maybe i don't have to sell right now. maybe i can keep going. that gives a boost to the market. >> let's bring in kenny right now. also, another reason maybe not to sell is the fact that this market has been kind of teflon coated. it keeps grinding its way higher. if you don't have to sell because of potential tax changes, go with the flow. >> i understand that argument. and as great as the debate was last
Search Results 0 to 49 of about 59 (some duplicates have been removed)